ADA funding comparison: questions and answers
Where is ADA funding the highest right now?
Lighter: 3.5%, Binance: -1.9%, Bybit: -15.7%, Hyperliquid: -36.6% APR. A positive rate means longs pay shorts.
How can you earn the ADA funding spread?
Short ADA on Lighter and go long the same size on Hyperliquid: the price risk is hedged, and the difference of 40.1% a year is collected while it lasts. Fees, the price gap between exchanges and a change of the rates eat into the profit, and each side can be liquidated.
What has ADA funding averaged on Hyperliquid and Lighter?
Hyperliquid: -11.0% over 24 hours and -3.8% over 7 days. Lighter: -7.7% over 24 hours and -4.0% over 7 days (APR).